It is not necessary for one to be rich in order to benefit from estate planning in Colorado. Estate planning is not as complicated as many people perceive it to be either. Taking the time to ensure all assets and valuables are distributed according to one's final...
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Month: October 2016
3 Big Decisions To Make When Keeping A Small Business In The Family
Entrepreneurs are risk-takers with a beneficial disregard for rules. Facing failure and then beating the odds is a hard task that only a few can accomplish. After a lifetime of work many small business owners want to keep their hard earned company and give it onto...
The Dangers of Putting Your Kids’ Names on Your Assets
A really sad situation crossed my desk this month. My client, we'll call her Sarah, has two children, SON and DAUGHTER. Sarah has had dementia for a while. Fortunately, Sarah had executed a power of attorney that allowed Daughter to manage Sarah's affairs when Sarah...
How can I protect my estate if I become mentally incapacitated?
As you are making your estate plans in Colorado, you should be sure to include some kind of protections for yourself to offer you some recourse if you become disabled or mentally incapacitated. As you are pondering your options, you may also be wondering how you can...
The value of a Colorado probate
Contrary to popular belief probate doesn't have to be a daunting experience. Instead, it can be a good way to clear up any problems or concerns regarding the estate of your loved one. Thinking of it like that can make it easier.It also helps that in Colorado, probate...